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Eventually the new Obverse dies did arrive, and they began to mint the 1948 dollars midway through the year. The very low mintages of these made the 1947 Maple Leaf and 1948 dollars exceptionally rare, with the 1948 Silver Dollar commanding a very high market price. (Mint condition 1948 coins are worth over CA$2,000 as of July 2019.
The first significant sign was the creation of the two-hundred dollar gold coin. Starting in 1990, this coin was sold for a higher price than its face value. The first coin commemorated the Silver Jubilee of Canada's flag and sold for $395.00. The superstar of this collection would be the Canadian Native Cultures and Traditions coins.
Neither the silver nor nickel dollars circulated well although the Royal Canadian Mint (RCM) saw a need for a circulating dollar coin. Since a one-dollar coin could last 20 years longer than a one-dollar bill, they calculated that they could save up to $250 million in 20 years. [7]
Discover More: 10 Rare Coins Expected To Soar in Value in the Next Five Years. Find Out: 3 Things You Must Do When Your Savings Reach $50,000. ... The value of silver dollars can vary greatly ...
90th Anniversary of the Striking of Canada's 1911 Silver Dollar W.H.J. Blakemore 24,996 $49.95 No BU Exists N/A 2002 Golden Jubilee of Elizabeth II: Royal Canadian Mint Staff 29,688 $33.95 64,410 $24.95 2002 The Queen Mother: Royal Canadian Mint Staff 9,994 $49.95 No BU exists N/A 2003 Centennial of the Cobalt-Silver Strike at Cobalt, ON John ...
Canadian Currency. Canada’s current paper currency is the Canadian dollar, which is available in 5-, 10-, 20-, 50- and 100-dollar notes, according to the EduCanada website. Canadian coins ...